Topic: What is your plan when Bitcoin will reach a new ATH? - page 3. (Read 403 times)
When Bitcoin will reach a new ATH, i will hold my position, of course. Because if we see a breakout of the high and consolidation above, it speaks of the strength of the bulls. Accordingly, bitcoin will have a chance to go to new unknown heights. Now a clear example of the fact, that we are bullish and we can see new highs in the medium term.
In my opinion, it depends on your base selling price of bitcoin. Because we don't know yet at what price of bitcoin could reached a new Ath. So for me my plan I wouldn't sell all, half of of my asset is to sell and the remaining is to hold. We have different strike nor strategy when it comes to our assets in crypto whether to accumulate or buy low and sell high. It is a matter of balancing your portfolio that will benefit you or take profit after all.
I'm a trend follower after all so I will buy and hold if there is now clear uptrend. Right now the current trend which is sideways are now transitioning in to uptrend and it is a good sign for me. My entry point will be in another breakout. When I do trend following, I usually do trailing stops so I do not have any target profit. In terms of momentum, the expensive price can become more expensive so holding while the uptrend is still intact is good strategy. If the price reached its current ATH, there will be another rally for sure because the major resistance is finally broken.
Interesting to read that everyone has his own strategy 
.
Personally, I have put some sell limit orders in place (at 15 000$ and 20 000$). If both sell orders would be executed, I still have 25% of BTC which I would keep holding until we see 50 000$ or 100 000$.
Taking profit is never a bad thing.
.Personally, I have put some sell limit orders in place (at 15 000$ and 20 000$). If both sell orders would be executed, I still have 25% of BTC which I would keep holding until we see 50 000$ or 100 000$.
Taking profit is never a bad thing.
I don't know maybe I will sell, but how much will I sell depends on BTC I have and also my immediate needs when new ATH happens, if I have small amount of BTC and there are no needs to be fulfilled I will prefer to keep it as savings.
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I don't have any idea yet but when that happens I'll be forced to reaction based on how I presume the market to turn out. If we can steadily grow into a new all time high like what's is currently happening where bitcoin will have a very strong support zone before spiking them obviously there won't be a need to sell my bags since it'll be certain if correction occurs it won't take the price very low.
But in a scenario where we just see bitcoin mooning without testing any resistance or support level, once it gets to a certain price that I'll be comfortable with, I'll just have to exist the market then wait for the correction to happen then buy back when I see a strong buy-in zone.
Nothing gives me joy like doubling my bitcoin holding in Satoshi and not usd that's the main reasons I trade altcoins so I could get more Satoshi. Sometimes it's profitable but other times you get burn. All is part of the experience though.
But in a scenario where we just see bitcoin mooning without testing any resistance or support level, once it gets to a certain price that I'll be comfortable with, I'll just have to exist the market then wait for the correction to happen then buy back when I see a strong buy-in zone.
Nothing gives me joy like doubling my bitcoin holding in Satoshi and not usd that's the main reasons I trade altcoins so I could get more Satoshi. Sometimes it's profitable but other times you get burn. All is part of the experience though.
Probably would sell my BTC to profit substantially with what I have now. Personally, I think there is a lot of opportunities in the future when it's lower in price. So having to sell all my BTC at the best price at the time would be ideal for the future. I guess it's a risk I'm willing to take in the long run, and maybe I get the best price for my BTC, we will see.
I think what people should know that just because I sold every BTC doesn't mean I won't hold BTC anymore, and I would use that opportunity to grow more of my capital and reinvest. It's definitely a risk.
I think what people should know that just because I sold every BTC doesn't mean I won't hold BTC anymore, and I would use that opportunity to grow more of my capital and reinvest. It's definitely a risk.
Sell half of my holdings and leave the other half for future price, btc is a great asset to hold, it won't be nice to sell off everything, between there will always be a new ATH and what will happen then, what if after selling all your stack you are unable to buy back at a low price, besides, btc is the best investment from others and as an investor I would still want to see more profit for my investment (not trying to sound greedy) but as long as btc is still in existence it will always remain a good investment.
I think of selling a large part of the current investment basket if the situation you mentioned is realized. In the event of such a rise, although I will not turn my entire investment into cash again, I definitely do not expect to wait with higher expectations this time. In a possible situation, it seems definitely the most logical option to sell parts piece by piece and to rework according to market conditions.
I will keep my BTC till next ATH happen and will sell also half of it, I'm done with waiting and being greedy. I always plan of what I can do with possible business or investment I can make before if only I was able to sell my btc when the ATH happens before, now I already set my mind in a amount I'm going to withdraw if ever it will reach that amount to do a business and diversify in other investments like real estate now that many are selling properties ain a much lower prize. We need to set our plan and not to be greedy or too excited. Monitor it and always be updated to track the Right timing. 
What is your plan when Bitcoin will reach a new ATH?
1- Keep hodling 100% of my coins.
2- Sell a big part of my coins to buy more at cheaper price later.
3- Unload all my bags on the market.
4- I will just rebalance my portfolio. Nothing more, nothing less.
5- Sell some of them to buy something else.
If the Price of bitcoin already reached my target value?surely i will take out all my holdings and may consider waiting for another Bear even if this took long time.1- Keep hodling 100% of my coins.
2- Sell a big part of my coins to buy more at cheaper price later.
3- Unload all my bags on the market.
4- I will just rebalance my portfolio. Nothing more, nothing less.
5- Sell some of them to buy something else.
i have been waiting enough for years so i believe that enjoying my holdings is the best way to do.
if bitcoin already hit 30k then i am free to go for a while and took a break from crypto.
If I reach the new ATH, of course I will get greater benefits. 
But before we reach the new ATH, I have already traded assets in advance from my portfolio by buying lower and selling higher.
But I am sure if it has reached the new ATH, the price will not easily fall due to large liquidity and so many supply requests, so of course everything will be better if it has reached ATH.
But before we reach the new ATH, I have already traded assets in advance from my portfolio by buying lower and selling higher.
But I am sure if it has reached the new ATH, the price will not easily fall due to large liquidity and so many supply requests, so of course everything will be better if it has reached ATH.
Taking profits sometimes is not a bad idea at all. Especially when you put your hard earned money in Bitcoin and decided it to be a investment of yours.
You should also reward yourself. Honestly, no one knows when is the ATH or all-time-low or any dumps or pumps will happen, we should be ready.
I'll take profits a small part and wait for another some correction of Bitcoin before entering again, that's all.
You should also reward yourself. Honestly, no one knows when is the ATH or all-time-low or any dumps or pumps will happen, we should be ready.
I'll take profits a small part and wait for another some correction of Bitcoin before entering again, that's all.
Buy low sell high. Same old same old. Ofc, I'm still going to hodl a part of my balance, but I'd sell a part of it at moment's notice whenever I see I can make noticeable gains. I don't really care whether I lose out on the big prices cause I sold early, as long as there's pretty much profit, I'm happy. Regretting would only lead to more regrets later on and would probably destroy me so nope, bye regrets. Plus, there would be more chances to hodl in the future no matter the price so I don't think there's much reason to doubt when obtaining profit.
You cant be sure nor determine on what would happen if the price do hits up its ATH.You cant be so sure that it would definitely rejected nor bounce back and also people would have thoughts that if price
do able to reach its ATH then theres a tendency or chances that it might able to break this time around and would shoot up into further heights that we havent reached before.
It depends on how Bitcoin reaches said price tbh. Past Bitcoin ATH were a result of a sudden jump, and a sudden dump, as you can see. It's like it had its moment of recognition for a little while then bam, fell down back to Earth, which is imo not really healthy for the market. do able to reach its ATH then theres a tendency or chances that it might able to break this time around and would shoot up into further heights that we havent reached before.
Each ATH is subsequently accompanied by a severe recession
So far that's been true, but bitcoin doesn't exactly have a very long track record. If it was able to reach a new ATH via slow growth as opposed to being the result of a bubble, it could be possible for the price to stabilize at or around that new ATH.Would you have believe it in January 2017 when bitcoin was around 1K that it will be trading at 19K at the end of that year?
I was here in 2017 and nope, I was flabbergasted that bitcoin went as high as it did and I certainly didn't think it was possible. Hell, I remember not thinking bitcoin was going to reach $10k for at least 20 years or so. What is your plan when Bitcoin will reach a new ATH?
1- Keep hodling 100% of my coins.
Since I'm not exactly a bitcoin whale, there's no compelling reason for me to sell if bitcoin gets to a new high. I'll probably do what I did the last couple of times when the wave of euphoria hit the market, which was to grab a lawn chair and a spot on the sidewalk from which to watch the crazy-parade go by. Threads on bitcointalk start to get really interesting when bitcoin starts to take off. 1- Keep hodling 100% of my coins.
What is your plan when Bitcoin will reach a new ATH?
1- Keep hodling 100% of my coins.
2- Sell a big part of my coins to buy more at cheaper price later.
3- Unload all my bags on the market.
4- I will just rebalance my portfolio. Nothing more, nothing less.
5- Sell some of them to buy something else.
Probably sell half of my bitcoin hodlings and try to reinvest it in physical stuff and keep the half of it into my wallet and check it. Probably option number #5.1- Keep hodling 100% of my coins.
2- Sell a big part of my coins to buy more at cheaper price later.
3- Unload all my bags on the market.
4- I will just rebalance my portfolio. Nothing more, nothing less.
5- Sell some of them to buy something else.
I maybe sell the half of the bitcoin hodlings I have when I see the price is in its peak and reinvest wait for bitcoin to drop it's price again and reinvest. Option number #2
I really can't just hold the bitcoin after patiently waiting for too long to reach its peak and do nothing. I think most of here will do the same.
In to those people who do talk about
100-200k is already out of their mind. Possibilities is there but not to those unrealistic numbers.
100-200k is already out of their mind. Possibilities is there but not to those unrealistic numbers.
Would you have believe it in January 2017 when bitcoin was around 1K that it will be trading at 19K at the end of that year?
Well, if you are contented with the small profit you have gained when will reach a new ATH, --you can cut your profit off and wait when the price become cheaper again. But I have one question, how you will determine the price market improvement and know the exact time when the new ATH will happen. It sounds easy to decide when there is an ATH but it is difficult to guess when will this happen.
I assume if there is new ATH I will choose number 2. Sell big parts and wait until you can reinvest again.
I assume if there is new ATH I will choose number 2. Sell big parts and wait until you can reinvest again.
1- Keep hodling 100% of my coins.
2- Sell a big part of my coins to buy more at cheaper price later.
3- Unload all my bags on the market.
4- I will just rebalance my portfolio. Nothing more, nothing less.
5- Sell some of them to buy something else.
2- Sell a big part of my coins to buy more at cheaper price later.
3- Unload all my bags on the market.
4- I will just rebalance my portfolio. Nothing more, nothing less.
5- Sell some of them to buy something else.
You won't know or determined what will be the new ATH. If the price able to passed its previous ATH, you will expect that the price will increase more so all these lists you have made will be all disregard since your mindset is focused on the increase.
What you need to do is to put a price target. Whatever the price situation, even the bull run is strong, execute without hesitation. That's a better approach compare expecting for more as it might lead you to regrets.
I should have said when the price will past the previous ATH of ~19K. From that point we will be in uncharted territory. Some are expecting price as high as 100K within the next two years and I don't find it too far stretch considering all the fundamentals (the Brrr and the bitcoin market cycle, etc..). But correct me if I'm wrong, I heard many times that selling in ATH territory is usually a sweet spot since they are good odds that the price will drop down in the short or mid term.
I think setting a price target is indeed a good idea. Maybe with a trailing stop limit too.
You cant be sure nor determine on what would happen if the price do hits up its ATH.You cant be so sure that it would definitely rejected nor bounce back and also people would have thoughts that if price
do able to reach its ATH then theres a tendency or chances that it might able to break this time around and would shoot up into further heights that we havent reached before.
Presumptions and speculations will surely fly around because people do have their own sentiments and views when we do reach that level.In to those people who do talk about
100-200k is already out of their mind. Possibilities is there but not to those unrealistic numbers.
1- Keep hodling 100% of my coins.
2- Sell a big part of my coins to buy more at cheaper price later.
3- Unload all my bags on the market.
4- I will just rebalance my portfolio. Nothing more, nothing less.
5- Sell some of them to buy something else.
2- Sell a big part of my coins to buy more at cheaper price later.
3- Unload all my bags on the market.
4- I will just rebalance my portfolio. Nothing more, nothing less.
5- Sell some of them to buy something else.
You won't know or determined what will be the new ATH. If the price able to passed its previous ATH, you will expect that the price will increase more so all these lists you have made will be all disregard since your mindset is focused on the increase.
What you need to do is to put a price target. Whatever the price situation, even the bull run is strong, execute without hesitation. That's a better approach compare expecting for more as it might lead you to regrets.
I should have said when the price will past the previous ATH of ~19K. From that point we will be in uncharted territory. Some are expecting price as high as 100K within the next two years and I don't find it too far stretch considering all the fundamentals (the Brrr and the bitcoin market cycle, etc..). But correct me if I'm wrong, I heard many times that selling in ATH territory is usually a sweet spot since they are good odds that the price will drop down lower in the short or mid term.
I think setting a price target is indeed a good idea. Maybe with a trailing stop limit too.
Everything will depend on how high bitcoin goes. Each ATH is subsequently accompanied by a severe recession, so I will try to fix profits as high as I can and then try to re-buy. I think many will try this way.
During the last ATH, everyone expected that bitcoin would rise above $ 20,000, but in the end it lost. I think media forecasters played an important role here, who predicted further growth of bitcoin.
During the last ATH, everyone expected that bitcoin would rise above $ 20,000, but in the end it lost. I think media forecasters played an important role here, who predicted further growth of bitcoin.
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